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Australia to impose capital gains tax on wrapped cryptocurrency tokens

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Delivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective of their price at the time — will be subject to capital gains tax.

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Coin Market

Bitcoin taps $63K on Juneteenth as July Fed rate-hike odds near 40%

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Bitcoin price action avoided volatility but failed to bounce from local lows after a hawkish Fed meeting and posturing over Strait of Hormuz control from Iran.

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Coin Market

Aave survived $8.45B in withdrawals, but risk questions remain

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Aave handled $8.45 billion in withdrawals without freezing funds, but the episode raised fresh questions about hidden risks in DeFi lending.

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Coin Market

Andrew Tate loses nearly $86,000 longing and shorting Bitcoin

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Andrew Tate’s Hyperliquid wallet shows over $803,800 in all-time perps losses after repeated crypto WLFI liquidations.

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